Searches And Hires
The plan is seeking the services for a yet-to-be established post-retirement healthcare trust.
The plans considered replacing their underperforming balanced fund manager earlier this month.
The deferred compensation plan currently works with general investment consultant Creative Planning Institutional Advisors.
The incumbent firm has provided the services since 2022 and is invited to rebid.
The city is seeking a firm to handle the day-to-day responsibilities of its investment portfolio.
The agency expects its board to award a contact on or about Dec. 20.
The plan made hires after issuing an RFP in March.
The plan will commit $160 million total to infrastructure through 2029.
The plan rehired its incumbent in 2020 after conducting a similar search.
The plan also recently concluded a liquid credit manager search.
